Nigeria, other African countries get €108m investment from EIB over 10 years

Nigeria and different African countries person benefited from €108 cardinal invested done the European Investment Bank’s (EIB) Boost Africa inaugural implicit the past 10 years.

European Union Ambassador to Nigeria and ECOWAS, Gautier Mignot, disclosed this connected Wednesday astatine a media briefing successful Abuja.

According to Mignot, the inaugural has besides attracted astir €400 cardinal successful further concern and contributed to the instauration of astir 15,000 jobs crossed sub-Saharan Africa.

He said the programme was designed to spell beyond providing capital, noting that it besides seeks to fortify the broader concern ecosystem needed for startups and increasing companies to survive, grow and compete.

Mignot described Africa’s young entrepreneurs arsenic 1 of the continent’s top assets, stressing that innovative businesses could assistance make jobs, fortify section worth chains and make sustainable economical opportunities.

“Ni...